Teck Resources Limited

Teck Resources Limited

March 15, 2011 08:30 ET

Teck Announces Tentative Collective Agreement at its Elkview Operation

VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 15, 2011) - Teck Resources Limited ("Teck")(TCK.A and TCK.B, NYSE: TCK) announced today that Teck and Local 9346 of the United Steelworkers of America have reached a tentative collective agreement covering the Elkview operation. The union ratification vote is scheduled to be complete by Saturday, March 19, 2011. The tentative agreement is for a 5 year term, expiring October 31, 2015. Pending the successful ratification of the agreement by the union membership, full production at the mine is expected to resume by March 22, 2011. No other terms of the agreement will be disclosed until the ratification vote is complete. 

About Teck Resources

Teck is a diversified resource company committed to responsible mining and mineral development with major business units focused on copper, steelmaking coal, zinc and energy. Headquartered in Vancouver, Canada, its shares are listed on the Toronto Stock Exchange under the symbols TCK.A and TCK.B and the New York Stock Exchange under the symbol TCK. www.teck.com.

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